MINING.COM

Anglo expects expansion licence for Minas Rio in Brazil by Friday

Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.

Cecilia Jamasmie | January 24, 2018 | 11:06 am

Vancouver junior surges 60% after Africa cobalt deal

Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.

Frik Els | January 24, 2018 | 10:45 am

Antofagasta sees 2018 costs to reach $1bn on Pelambres expansion, equipment

Chile-focused miner also expects costs to rise on tailings dam expenditure.

Cecilia Jamasmie | January 24, 2018 | 8:55 am

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.

Cecilia Jamasmie | January 24, 2018 | 6:13 am

Rio Tinto and two former top execs must face fraud charges — SEC

SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.

Cecilia Jamasmie | January 24, 2018 | 3:26 am

Gold price: ETF holdings jump to near 5-year high

Hedge funds have also been building exposure to gold, doubling bullish bets on futures markets to 20m ounces in just three weeks.

Frik Els | January 23, 2018 | 3:11 pm

France’s Areva rebrands to Orano in dire uranium market

French uranium mining group Areva closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows.

Reuters | January 23, 2018 | 2:33 pm